Why is Riddhi Siddhi Gl falling/rising?

As of 12-Aug, Riddhi Siddhi Gluco Biols Ltd is experiencing a decline in its stock price, currently at Rs 518.00, which reflects a decrease of 2.0 points or 0.38%. The stock has been on a downward trend, having fallen consecutively for the last two days, with a total return loss of 3.88% during this period. Today, it opened with a significant gap down of 2.67%, reaching an intraday low of Rs 502.3, while the highest point touched was Rs 549, indicating volatility. The stock has underperformed against the benchmark, with a 1-week return of -8.77% compared to the Sensex's -0.59%, and a year-to-date decline of 18.93% against the Sensex's gain of 2.68%. The stock is also trading below all its moving averages, which suggests a bearish trend.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark indices, as it has significantly underperformed in both the short and long term. Despite the negative price movement, there has been a notable increase in investor participation, with delivery volume rising by 77.41% against the 5-day average, indicating some level of interest from investors. However, the overall liquidity remains adequate for trading, suggesting that while there may be some buying interest, the prevailing trend is still downward. The absence of specific positive or negative factors in the dashboard limits a deeper analysis of the influences on the stock's recent movements.